GCC Light Tower Market

GCC Light Tower Market Overview

A light tower is a part of portable tackle which has one or more extreme-intensity electrical mast and lamps. The lights are connected to the mast, which is affixed to a trailer, along with a generator set to power the lamps. With the increasing night accidents and increasing construction activities, the demand for the light tower is expected to raise, which is likely to surge GCC light tower market.

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Major GCC Light Tower Market Drivers

The light tower is set to witness robust growth in the upcoming decade, as a result, the rising popularity of solar equipped towers, which has contributed to market growth. These towers need only one-time cost investment and is environmentally friendly and is widely being adopted. The rising number of processing plants and oil inventories is driving the demand for towers in the years to come. The light tower is packed with power backup, low-emission, high capacity, etc., and these factors have significantly contributed to the growth of the market. Furthermore, rising construction and increased government funding to develop the country have further accelerated the market’s growth. For example, construction projects like Qiddiya entertainment city, Hanergy solar park, King Abdullah Bin Abdulaziz Medical Complexes, Makkah Grand Mosque – Third Expansion are the projects that are going to push the pace of the market. A longer lifespan, more reliable, and high efficiency are the key benefits of the light-emitting diode in light tower, which have shifted the paddles for the market and took the market on another pace.

Furthermore, rising fatal cases during night construction have encouraged the growth of the market. The prevalence of night sleep-related accidents of the drivers in Saudi Arabia has increased from 31.5% to 34.1% from 2014-2018, respectively, according to NCBI, which has created boost in demand for the towers. Growing demand for towers in various disastrous situations and rescue solutions is also considerably pushing the market. Though towers are profitable in unreachable locations for illumination, the outgrowth of the market is not without its restraints that include necessary maintenance, battery supply chain, among others.

Restraint in the GCC Light Tower Market

However, high cost of investment in tome is quite financially draining which may hamper the growth of the market.

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Based on country, Saudi Arabia, is witnessed to grow at a higher CAGR in the market over the forecast period. this is majorly due to the rapid growth in the construction sector of the country, which has helped in changing the landscape of the market. For instance, third time continuous expansion of Makkah Grand Mosque, with some of the upcoming projects in the country like King Abdullah Bin Abdulaziz Medical Complexes, Saudi Aramco-Total’s PIB factory etc. which has led to the expansion of the market in the country.

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Key Developments:

• • In 2021, Atlas Copco AB, announced the expansion of the halide lamps, which is anticipated to surge the growth of the market. 

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